For more information regarding the value of a property, please contact us for a free consultation.
Key Details
Sold Price $1,550,000
Property Type Commercial
Sub Type Five Or More Units
Listing Status Sold
Purchase Type For Sale
Square Footage 3,755 sqft
Price per Sqft $412
MLS Listing ID MDWA179042
Sold Date 02/11/22
HOA Y/N N
Originating Board BRIGHT
Year Built 1920
Annual Tax Amount $1,599
Tax Year 2021
Lot Size 4.460 Acres
Acres 4.46
Property Sub-Type Five Or More Units
Property Description
Tremendous Investment Opportunity with potential for immediate equity. 24-unit portfolio comprised of 10 properties all in Hagerstown MD consisting of a mix of duplexes, single family, and multi-family properties. All but two units are fully leased with an approximate cap rate of 11.8%. Aggressively offered at an average price of $75,000 per unit.
Location
State MD
County Washington
Zoning U
Interior
Hot Water Other
Heating Forced Air
Cooling Other
Heat Source Other
Exterior
Garage Spaces 24.0
Water Access N
Accessibility Other
Total Parking Spaces 24
Garage N
Building
Sewer Other
Water Other
New Construction N
Schools
School District Washington County Public Schools
Others
Tax ID 2223022443
Ownership Fee Simple
SqFt Source Assessor
Special Listing Condition Standard
Read Less Info
Want to know what your home might be worth? Contact us for a FREE valuation!
Our team is ready to help you sell your home for the highest possible price ASAP
Bought with Amos R. Martin • VCRE.CO